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Carbine Resources Launches $1.1M Entitlement Offer to Advance Silica Sand Projects
1:58am on Monday 2nd of June, 2025 AEST
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Mining
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Carbine Resources Launches $1.1M Entitlement Offer to Advance Silica Sand Projects
1:58am on Monday 2nd of June, 2025 AEST
Key Points
Pro-rata non-renounceable entitlement offer to raise up to $1.1 million
Offer price set at $0.003 per share with a 2-for-3 share entitlement ratio
Funds targeted for exploration, mining lease development, and business activities
Offer opens 30 May and closes 11 June 2025, with shares trading expected from 19 June
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Carbine Resources (ASX:CRB)
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